Glencore plc (LON:GLEN)
United Kingdom · Delayed Price · Currency is GBP · Price in GBX 536.50
-16.30 (-2.95%)
Oct 22, 2026, 5:00 PM BST
Glencore Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 674p. The average 1-year stock price forecast is 25.54% higher than the current stock price, while the lowest is 537p (+0.07%) and the highest is 781p (+45.51%).
Price Target: 674p (+25.54%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 11 | 11 | 12 | 12 |
| Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Hold | 5 | 6 | 5 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 19 | 19 | 20 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Upgrades 510p → 730p | Buy | Upgrades | 510p → 730p | +36.07% | Oct 14, 2026 |
| Barclays | Barclays | Buy Maintains 650p → 705p | Buy | Maintains | 650p → 705p | +31.41% | Oct 13, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains 670p → 720p | Buy | Maintains | 670p → 720p | +34.20% | Oct 7, 2026 |
| RBC Capital | RBC Capital | Buy Maintains 660p | Buy | Maintains | 660p | +23.02% | Oct 7, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Reiterates 630p | Buy | Reiterates | 630p | +17.43% | Oct 5, 2026 |
Financial Forecast
Revenue This Year
331.34B
from 247.54B
Increased by 33.86%
Revenue Next Year
293.17B
from 331.34B
Decreased by -11.52%
EPS This Year
0.62
from 0.20
Increased by 210.53%
EPS Next Year
0.64
from 0.62
Increased by 3.85%
EPS and Forward PE are based on non-GAAP adjusted numbers.